LAN upgraded by Deutsche Bank, US airlines stocks mixed
In the US, airline stocks were mixed, with Delta Airlines and Southwest gaining 1.1% and Allegiant and American Airlines also up. Shares in JetBlue fell 1.3%, while Republic Airways was down 1.2%. US benchmark West Texas Intermediate crude oil prices finished Friday above USD90 per barrel, raising concerns about the vulnerability of the sector to oil price changes.
Selected North American airlines daily share price movements (% change): 14-Jan-2011